$700,000 cash-out bridge loan on a single-tenant medical and retail investment property at 8.99% for 24-months, interest-only payments with no prepayment penalty

In this loan, we had a borrower that needed a quick refi for cash-out for another investment project. During the process, we found the title to be clouded due to deceased previous ownership and a private note already on the […]

$6,500,000 Bridge Loan for a construction and repositioning at 10.50%, for 12-months with extensions. Interest-only payments with no-exit- fee on retail space within a shopping mall in a tertiary market

In this loan, we had a borrower that had purchased a large retail box within a large mall. The borrower secured tenants with leases and needed money to refinance the existing debt, complete the landlord and tenant improvements, interest reserves, […]

$2,450,000 cash-out refinance on a new construction at 6.745%. Interest only payments for the first 7-years via our Bank Statement Loan program with no prepayment penalty and VESTED in an LLC at 70% LTV

In addition to the complicated income and entity, the subject property still didn’t have a certificate of occupancy and there was a balloon payment due on the current construction loan. We were able to qualify our borrowers, resolve the property […]

$960,000 5/1 ARM, 5-year interest-only cash-out refinance at 5.75% on an investment home

In this loan, we had a seasoned developer that had a 1031 exchange and purchased a single-family residence all cash in his company name. In addition, our client had a very complicated income structure and we needed to use one […]

$800,000 (65% LTV) cash-out refinance of a non-owner-occupied, mixed-use commercial property at 6.5% for 10 years

Fixed interest rate for years 1-5; variable for years 6-10. Our client was a relatively new real estate investor and didn’t have a strong fico score. His income was tricky because of losses from a previous year and he was […]

JDM is about SPEED! $568,000 condominium refinance on a 30-year-fixed at 4.50%, 75% LTV with no points and no prepayment penalty.

The borrower was very organized and gave us their documents quickly. From submission to approval, 24 hours. To loan docs, in under 7 days. Waived the appraisal, funded and closed within 18 days. Directly funded by JDM Funding!

$1,080,000 hard money loan at 8.75% for 12 months at 80% LTV, with no prepayment penalty and with a 3-month extension for a purchase loan of a fix-and-flip single family residence

In this scenario, our borrower was a young entrepreneur with good credit, who was completing their first real estate construction investment. We were able to get this loan approved and closed within 15 days.

We just closed the single-largest, securitized bank statement loan in the country! $14,800,000 refinance loan on a 7/1 arm with interest only payments at 6.625% with no prepayment penalty on an owner-occupied single-family luxury residence.

In this loan, we had a borrower with maturing interim loan that needed to be refinanced, and the house was listed on the market for sale which made it very difficult to secure a new loan. Additionally, the borrower’s tax […]

$1,950,000 Loan, 7/1 ARM at 5.375%, Single Family Residence, 75% LTV on our new bank statement program on a second home with interest only, for a developer with multiple properties

In this deal, we had a developer that owned many properties and came across a house on the beach that would be perfect for his vacation home. Given the amount of properties and the way his income was reported, it […]

$1,750,000 cash-out bridge loan on a single tenant office building. 5-year fixed rate at 5.83% with a step down prepay and 10-year term

The borrowers vacated the property and were in the process of converting the property into an investment property and looking to secure a tenant. Given their financial positions, they needed the cash-out now to consolidate debt, reposition their company and […]